Microsoft released their annual Future of Work report and this time around it’s not about remote work, it’s about AI. (slide numbers in brackets)
- Knowledge workers with ChatGPT are 37% faster, 40% higher quality but ~20% less accurate. Simple UX solutions to solve this are possible. (6)
- From a survey of enterprise users of Microsoft Copilot 365 (7):
- 73% agree that Copilot makes them faster.
- 85% said it would help them get to a good first draft faster.
- 72% agreed about spending less mental effort on mundane or repetitive tasks.
- Most early studies have found that new or low-skilled workers benefit the most from LLMs. Less skilled workers improved by 43% vs more skilled who improved by about 17%. (8)
- Assistant needs to be paired with provacators i.e. LLM-based tools that challenge assumptions, encourage evaluation, and offer counterarguments. (9)
- AI can help with breaking down simple commands into micro-moments and microtasks, improving overall quality and efficiency. (10)
- Analyzing and integrating AI-generated information may become more important than searching and creating information. Skills not directly related to content production (leading, social interactions, trust issues, or emotional awareness) may be more valuable. (11)
- Prompting is hard, but people are getting good at it. Fine-tuning/using LLMs to generate prompts is making it easier as well. Prompt templates are helpful for end users. (12-14)
- Highlighting errors/uncertainty percentages can help balance reliance on LLMs. Prompting can be complemented with co-audit tools to check LLM outputs. (17-18)
- Generative AI requires self-awareness and well-calibrated confidence. At the same time, it can help in getting there too. (19)
- Creative activities are a process and LLMs can help across different parts. (21) 69% of Bing Chat conversations are in domains oriented toward professional tasks. (22)
- A larger chunk of LLM-based searches is complex (36% of them) than traditional searches (13% are complex). (22)
- In a study of 69 students, the use of Codex improved their performance in learning Python, but it did not impact their manual code-modification abilities. (24)
- LLMs can rapidly analyze data from humans and generate synthetic data. That’ll change how social science research is done. (27)
- LLMs in meeting can solve different problems like equal participation (instant feedback) and better interactions (retrospective feedback) (28-29).
- AI can help in delegating management responsibilities, freeing execs to focus on team vision. (30)
- Modern office knowledge is in chats, not documents but applying AI over employee chats is tricky. (31-32)
- Approx. 80% of the US workforce could have at least 10% of their work tasks affected by GPTs. Around 19% of workers may have 50% of their tasks impacted. (38)
- “Innovation vs. automation” is often a better framework to use than “substitution vs. augmentation”. Augmentation can still mean job loss. It is important to try to track whether and where human labour is being used in innovative new ways. (39)
- Instead of “How will AI affect work?”, the question should be “How do we want AI to affect work?” (40)
The shooting at Perry High School in Iowa isn't even the first school shooting this year in America. And it's only January 4th. Our legislative acceptance of this is truly jaw-dropping. #enough#Perry#raygun
Looking for classes or training to help start or grow your business? Check out Start In Wisconsin to see what’s happening near you: https://t.co/loIMA3fhAL
📣 4 of the largest U.S. cities are led by Black mayors and we’re gathering them at #NULConf23 for a critical conversation on the state of our cities.
Join us this Friday, July 28 at 8AM CT. And if you’re not in #Houston, you can catch the livestream right here on Twitter.
Business Services Collective (BSC) helps entrepreneurs in construction plan, manage, and fund their business growth. Join BSC and many other business service organizations at the @allies4cb West Side Business Connect event on August2! To register: https://t.co/ke4DqASkVA
The Indiana Small Business Development Center's E-Day Nominations are now open!
Deadline to submit | Wednesday, August 30th
To learn more and submit your nominations, click here: https://t.co/RghFPHKgpV
As we enter the 11th season of YEC, we wanted to reflect on last year's data & look at how far we've come. Since 2013, the participant growth has grown over 2,000%! Thank you to all of the teachers, hosts, parents, community members, &, above all, the students. #kseship
Thank You, @alliance_gig for supporting our Free, ONE-STOP SHOP for entrepreneurs, start-ups and seasoned business professionals!
https://t.co/XEUhyCz8lC
From my experience as a tech transfer officer at a research university: I agree wholeheartedly. Unintended side effect of status quo: instead of starting innovative startups (no visa) talented immigrant grads go to visa sponsoring corp monoliths. Huge loss of innovation.
The @usda announced $714 million in awards to 19 states for rural broadband projects through the ReConnect program, which supports #broadband buildouts in unserved rural areas. https://t.co/AqgIM3uAw6
We sharing stories of entrepreneurs who built amazing business with the help of #ChiBizHub partners like Pauline Sylvain-Lewis who built @maxcandleco01 with her son Markell and the help of Far South CDC! To learn more visit: https://t.co/cbnBEwihEn #ChiBizHub
Check out @DallasInnovates' new article about @Sparkyardfw's latest features, including an online economic dashboard, an interactive growth circuit, and a Vietnamese translation. Find out more here: https://t.co/ErA7h9TD6M
Congrats to @cath_lang, @NBDC_Nebraska state director & senior advisor to @UofNE_President, on her upcoming retirement from the NU System & @UNOmaha. Thank you for your service to our university, Nebraska, and communities and businesses across the state. https://t.co/IyevsBqNpa
❤️ the innovation cycle in a great #startup team. In about 30 hours we went from:
1. Idea for solution on commute
2. Conversation with CTO to flesh it out
3. 4 hours building google sheets proof of concept
4. 22 hours later a functioning web application
@blister@MakeStartups
¡Luego de 3 años regresan los eventos regionales de Tu Camino Empresarial con su 1era parada en el oeste!📍
Separa la fecha, conoce la agenda y regístrate aquí: https://t.co/5x4L5r5S1I